EghtesadOnline: Ambassador of the Republic of Korea to Tehran Ryu Jeong-hyun has explained the mechanisms established by Seoul for conducting humanitarian trade with Iran amid the United States’ sanctions.
EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the United States’ sanctions cannot be overcome by surrendering to Washington, but through strong reliance on domestic capabilities.
EghtesadOnline: In a press release outlining reasons behind the monumental growth in liquidity in recent months, the Central Bank of Iran blamed borrowing from the National Development Fund of Iran and the new US sanctions on oil exports.
EghtesadOnline: With oil prices in freefall and the coronavirus spreading like wildfire, the government will get more and more worked up this year than the last, especially because of the fiscal burden imposed by sanctions and the decline in oil sales.
EghtesadOnline: Iran’s central bank governor has again called on the International Monetary Fund to resist US pressure and approve its application for financing to help bridge a 10 billion-euro ($10.9 billion) deficit as the country’s sanctions-hit economy struggles to cope with the coronavirus pandemic.
EghtesadOnline: Iran's ambassador to India called on New Delhi and the rest of the international community to stand against the "unjust" American sanctions that are hurting millions of Iranians at a time of the coronavirus pandemic.
EghtesadOnline: Moscow will continue efforts to end unilateral sanctions, including through joint campaigns with other major countries, a Russian deputy foreign minister said.
EghtesadOnline: Iran's Permanent Mission to the United Nations in New York has released a message to member countries, describing how the continued application of sanctions during the new coronavirus pandemic is undermining the world's ability to control the outbreak and is therefore a "treachery" against humanity.
EghtesadOnline: The first transaction conducted under the European trade mechanism to bypass American sanctions is so small that its effect on Iranian economy is insignificant, a lawmaker said.
EghtesadOnline: Tehran Mayor Pirouz Hanachi bemoaned the lives lost to the new coronavirus in Iran as a result of medical shortage caused by American sanctions, stressing that this is no time for “vindictive” policies.